Deal closed Jan 2014 Verified
Google acquires Nest for $3.2 billion
Google acquired the smart home company Nest, co-founded by Matt Rogers and Tony Fadell, for $3.2 billion in 2014. The acquisition is noted as a significant exit that supported cleantech venture capital.
“Google later acquired Nest for 3 .2 billion dollars.”
Entities
Google Inc. · Acquirer Nest · Target
HVAC Sentiment: Positive
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.